Business
THE Renewable Energy Association of Nigeria (REAN) has called on President Muhammadu Buhari to enforce the cutback or removal of the customs import duties on renewable energy components including solar panels.
REAN with the support of Heinrich Böll Stiftung (HBS) said this in a communiqué issued at the end of a two-day Renewable Energy Stakeholder Conference and Discussion on Consumer Financing, themed, ‘Renewable Energy – Future is Here’, held recently in Lagos.
It said for efficiency and effective growth of the renewable energy sector and speedy access to electricity for all, the private sector should be encouraged by the government with the right policies and coordination.
“The federal government through its relevant MDAs should implement policies to catalyse the production and assembling of renewable energy components in Nigeria. Local manufacturing and assembling companies need to be incentivised to increase their production and manpower capacity for scaling up,” the communiqué read in part.
-Daily Trust
KN
Tags: Heinrich Böll Stiftung Muhammadu Buhari REAN
